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Hashrate - This is a measure of how quickly your hardware can do the work of Litecoin mining. You can find out the expected hashrate of your hardware at the mining comparison page. Hashrates in this calculator are expressed in kilohashes per second (Kh/s) each of which equals 1000 hashes per second. Megahashes (1,000,000) and gigahashes (1,000,000,000) are commonly used to describe larger Litecoin mining rigs and the total network hashrate.

Difficulty - To ensure blocks are found about every 2.5 minutes, the Litecoin network adjusts this parameter every 2016 blocks which takes around 3.5 days. See historical charts

Pool Fee - To fund development, maintenance and hosting overhead, some pools charge fees as a percentage of coins mined. Enter the percent here to have the result decreased accordingly.

Next Earnings - This section helps you estimate your earnings once the difficulty changes next. These numbers can swing wildly and are most accurate as the difficulty change nears.